iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,619 Blog Posts

The Losses Continue

Son of a whore.

I will plainly and positively keep this short and to the point.

My trading slump continues.

I had NNOX but an enemy induced me to sell because MUDDY WATERS MUHHHHHH and now it’s up 30% in the AHs. I had it and sold it. I instead SHED 0.75% in my trading and ended up buying a bunch of stocks to limit my losses in TZA.

I cannot stress this enough — I am bogged.

The saga continues.

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22 comments

  1. edge

    This market is like a herd of cats at the moment. Nervous and unpredictable.

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  2. ha

    Administered.

    “Administered” is my new favorite term for describing markets under the influence of the current exotic monetary and fiscal policies.

    This is not capitalism. Certainly not the kind you’d ever read about.

    A non-sovereign money puts pressure on the Administrators.
    @Travis_Kling

    https://twitter.com/Travis_Kling/status/1311471257414557696

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  3. narcist

    Perhaps Trump should try self-injecting bleach?

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    • tha pirate

      What a hateful and wicked thing to say. I remember reading ON THESE BOARDS (I don’t remember which liberal America hating hypocrite said it though) just BEFORE the Chinese flu came here “It would be worth it for the markets to tank before the election” or something to that effect. Again this was nearly a year ago, so maybe Cap’n Fly can look it up. I wish I rembered which libtard said it, but it doesn’t matter now. The point is, some of you are such members of the unhinged left and hate the President SO much you would literally prefer to see our great nation suffer and burn rather than see him reelected.
      As if basement bumbling Biden has ANY answers besides upending our democracy by packing the Supreme Court, allowing waves of illegal aliens (I love our wonderful legal immigrants BTW) to flood the USA, allowing non-citizens to vote, surrendering to the Chinese Communist Party, weaponizing the DOJ to investigate political rivals (Obama/Bidens Steele dossier), weaponizing the IRS, encouraging ANTIFA to burn down our cities etc etc.
      Stand with the USA or allow the leading nation of the free world; the greatest Cosntitutional Republic in history to go down the tubes November 3rd. That is our choice

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      • Po Pimp

        We don’t want to see him reelected so our great nation won’t suffer and burn any more than it already has UNDER HIS FUCKING WATCH.

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        • tha pirate

          Before the WuFlu we were REALLY suffering huh? (Lowest unemployment, record GDP etc) -and we KNOW FOR A FACT that the CCP & their lackies at the W.H.O. covered up the fact that the virus was human to human transmissible, and did EVERYTHING THEY COULD to spread the virus outside Chinese borders particularly to their economic rivals.

          The USA was FLOURISHING before the CCP pushed their fuckin virus to the US, the REAL reason he is hated is that he does not say politicall correct horseshiit and virtue signal. He is not a far leftie FAG and gets the job done

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  4. Po Pimp

    Dotard catching the Rona should help your TZA. I hope you quadruple your money in that position

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    • heckler

      Starting to think it’s a scam

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    • tha pirate

      Another great lie of the left; that the NAZIs are somehow ‘right wing’. National Socialists fought the Bolsheviks, but they were NOT free market, democratic capitalists, they were and are leftist fascists. NAZISM is a LEFTIST construct..

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  5. purdy

    Fly got hisseff some free advertising on Zerohedge this morning.

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  6. edge

    I’m riding way out of the money puts hedged with at the money calls. Showing a little profit mainly due to the jump in the Vix.
    In my opinion- be very careful here.

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  7. edge

    Economic data seems suspiciously rosy today.

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  8. tradercaddy

    Come on comments.
    Another 32 gloom and doom comments and we will be close to a bottom.

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    • edge

      You have to admit, an expensive market and a fucked up economy are not good omens.

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  9. tradercaddy

    Not really.
    I have lived through “end of the times” markets before and have asked myself why is the market going up when there appears to be no hope.
    A good example would be the early 1980’s. After the inflationary 1970’s the Fed decided to pop the “bubble” with high Fed rates and a very very deep recession took hold. The market tanked and then when all hope was lost in the summer of 1982 the market took off and folks were saying this makes no sense. Even my broker friend from AG Edwards had no idea. I dollar cost average into mutual funds as I had a real job.
    Other times included the Desert Storm era when Kuwait was invaded, 9/11, etc. etc.
    On the other it’s when times are great (see 2000) and you think the market is gonna go up forever- start getting out.
    Markets discount the future although at time they look irrational.

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    • tradercaddy

      I forgot to add watch Oil stocks. After the last 7 years of hell and the “experts” now saying its the end of oil demand forever (and me with an electric car)- buy, buy, buy.

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      • edge

        Oh, I get it alright. And billionaires are still making bank. That TINA thing is really stubborn.

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